INSURANCE AND ANNUITY Sample Clauses

INSURANCE AND ANNUITY. Section 17-01. The Committee agrees to continue to provide the same Health and Insurance Plans as provided to town employees. The premiums and benefits under these plans are administered by the Board of Selectmen, the Authorizing Agent. Section 17-02. If the town, by a change in the town by-laws, provides additional insurance programs for town employees, or agrees to pay a larger percentage of the premiums, then such improvements will be granted to employees represented by the Union at the same time. Section 17-03. During the summer months of July and August, health benefits coverage will be provided for all employees who complete the school year on the same basis as it is provided during the school year. Section 17-04. Employees will be eligible to participate in a Tax Sheltered Annuity Plan established pursuant to United States Public Law No. 87-370. The Committee agrees to deduct from employee's salaries the premium payment for tax sheltered annuities in specified amounts when requested in writing by the employee. Section 17-05. The Committee agrees to deduct from employee's salaries the premium payment for the Washington National Insurance Company's Group Health Insurance Plan in specified amounts when requested in writing by the employee. Said written request including change in premium payments must be received by the Office of the Superintendent by October 1st, except that in the case of employees who were not actually employed during the previous school year said notice must be received no later than November 1st. Employees failing to meet the appropriate deadline set forth above shall not be entitled to have Washington National Insurance's Group Plan premiums paid through payroll deductions. Additionally, the Committee agrees to deduct from employee's salaries the premium payment for any group insurance made available to members of the bargaining unit through the Union when requested in writing by the employee. Section 17-06. Payroll deductions shall be made available to those employees who wish to participate in the following programs: a. Tax Sheltered Annuity Plan established pursuant to U.S. Public Law *87-370. b. Payroll deduction plans sponsored by the Union for the purpose of savings, loan repayments, mortgage payment, Committee on Political Education, and Massachusetts Federal Credit Union. Section 17-07. The parties agree that all provisions of the Massachusetts Retirement Plan shall be made a part of this Agreement. Section 17-08. The bar...
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INSURANCE AND ANNUITY. 5.1. Fifty (50) percent of the cost of the following types of insurance coverage will be paid for each employee. (a) A $2,000 term life insurance plan of the type presently available to employees. (b) Individual or family coverage, whichever applies in the particular case, for health insurance of the type presently available to employees.
INSURANCE AND ANNUITY. 26-01. The Committee agrees to continue to provide the employee with the same Health and Insurance Plan as provided Town employees. The premiums and benefits under these plans are administered by the Chelmsford Select Board, the Authorizing Agent. The Committee will reimburse nurses for the full premium of their occupational liability insurance for each school year, at current coverage levels, understood to be $1,000,000. 26-02. If the Town, by a change in the Town By-Laws, provides additional insurance programs for Town employees, or agrees to pay a larger share of the premiums, then such improvements will be granted to employees represented by the Union at the same time. 26-03. During the summer months of July and August, health coverage will be provided for all employees who complete the school year on the same basis as it is provided during the school year. 26-04. Employees will be eligible to participate in a Tax Sheltered Annuity Plan established pursuant to United States Public Law No, 87-370. The Committee agrees to deduct from employees' salaries the premium payment for tax sheltered annuities in specified amounts when requested in writing by the employee. 26-05. Payroll deductions shall be made available to those employees who wish to participate in the following programs: a. Tax Sheltered Annuity Plan established pursuant to U.S. Public Law 87-370. b. Payroll deduction plans sponsored by the Union for the purpose of savings, loan repayments, and mortgage payments, Committee on Political Education and Massachusetts Federal Credit Union.
INSURANCE AND ANNUITY. 1. Educators may participate in all life insurance, accidental death and dismemberment insurance, hospital, medical, and surgical insurance benefits provided by any insurance plan adopted and maintained by the Town of Scituate pursuant to applicable statutes. The cost of such benefits shall be paid as provided in such plan. This article shall not be subject to the grievance procedure. 2. The School Committee will advocate the continuance of insurance program coverage at the current levels. 3. Members of the bargaining unit may participate in the Contributory Benefits Plan and the Dependent Care Account Plan offered by the Town of Scituate.
INSURANCE AND ANNUITY. ‌ Administrators shall have the right to participate in all life insurance, accidental death and dismemberment insurance, medical and surgical insurance benefits provided by any insurance plan adopted and maintained by the Town of Falmouth pursuant to applicable statutes. The cost of such benefits shall be paid as provided in such plan. The School Committee will support efforts to increase the Town’s contribution for health insurance. Administrators are eligible to participate in a “tax-sheltered” annuity plan established pursuant to Public Law 87- 37D of the United States consistent with Massachusetts General Law, Chapter 31, Section 37B.
INSURANCE AND ANNUITY. A. Insurance - is eligible to participate in the Regional Schools’ insurance plan, which B. Tax-Sheltered Annuities - may participate in tax-sheltered annuities in accordance with
INSURANCE AND ANNUITY. A. Insurance - is eligible to participate in the Town of Sherborn insurance plan, which B. Tax-Sheltered Annuities - may participate in tax-sheltered annuities in accordance
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INSURANCE AND ANNUITY. Unit A personnel shall have the right to participate in all life insurance; accidental death and dismemberment insurance; hospital, medical and surgical insurance benefits provided by any insurance plan adopted and maintained by the Town of Falmouth pursuant to applicable statutes. The cost of such benefits shall be paid as provided in such plan. The School Committee will support efforts to increase the Town’s contribution for health insurance. Unit A personnel are eligible to participate in a “tax-sheltered” annuity plan established pursuant to Public Law 87-37D of the United States consistent with Massachusetts General Law, Chapter 31, Section 37B. Participation in a TSA may commence at any time during the year, providing one month notice is given.
INSURANCE AND ANNUITY. 5.1. Fifty (50) percent of the cost of a $5,000 term life insurance plan of the type currently available to employees will be paid to each employee. The type of plan which is currently available to employees shall be maintained. 5.2. Employees will pay 20% of the premium contribution for the HMO medical insurance coverage. 5.3. If mechanically feasible, employees will be eligible to participate in a tax-sheltered Annuity Plan established pursuant to United States Public Law Number 87-370. 5.4. Any employee 0.5 FTE or above is entitled to the benefits within Article V.
INSURANCE AND ANNUITY. 19.1. Fifty (50) percent of the cost of the following types of insurance coverage will be paid for each teacher: (a) A $2,000 term life insurance plan of the type presently available to teachers; (b) Individual or family coverage, whichever applies in the particular case, for health insurance of the type presently available to employees.
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